When you look at Forbes magazine's most recent list of highest-paid CEO's (chief executives of the 500 biggest companies in the United States), you won't see a woman until No. 48: Irene B Rosenfeld, CEO of Kraft Foods.
In a country where women make up 47 percent of the workforce, women make up just 3 percent of Fortune 500 CEO's. In addition, women who worked full time earned an average of just 80 percent of what men earned in the same positions in 2008, according to the Bureau of Labor Statistics.
But is salary disparity between genders the issue or is it something deeper?
In the Harvard Business Review blog, Avivah Wittenberg-Cox wrote: "Women represent one of the world's biggest and most under-reported opportunities. The business world has been so focused on stories like the rise of China that it has not been invited to see that, much closer to home, business could be reaping the benefits of the rise of women. Companies -- and their business school feeders -- have been slow in adapting and profiting from this shift, and part of the reason is that media too often focus on small, sensational and misleading parts of the story, including aspects like the wage gap."
Catalyst's February 2010 Pipeline's Broken Promise report examining high potential graduates from top business schools around the world found that, even after taking into account experience, industry and region, women start at lower levels than men, make on average $4,600 less in their initial jobs, and continue to be outpaced by men in rank and salary growth.
Only when women begin their post-MBA career at mid-management or above do they achieve parity in position with men -- a situation that accounted for only 10 percent of the women and 19 percent of the men surveyed.
Whatever the cause, the BLS reports there are only a handful of occupations where women's earnings are equal to or exceed men's including construction and extraction occupations; special education teachers; installation, maintenance and repair occupations; life, physical and social science technicians; and counselors.
We wanted to know, what jobs pay women the most money? Here are 25 jobs where women earn $1000 a week or more, according to the BLS. One thing to note is that they all earn a fraction of their male counterparts. love
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